Kirkland & Ellis represented Panavision Inc., in a business combination agreement with Saban Capital Acquisition Corp. (NASDAQ:SCAC) (“Saban”) and Sim Video International Inc. ("Sim"), to create a premier global provider of end-to-end production and post-production services to the entertainment industry. The deal is valued at approximately $622 million.
Panavision is a designer and manufacturer of high-precision camera systems, proprietary optics and customized accessories for the motion picture and television industries. Saban is a special purpose acquisition company affiliated with Saban Capital Group, Inc., a leading private investment firm specializing in the media, entertainment, and communication industries. Sim is a provider of end-to-end services and solutions to the television and feature film industries. Read more about the deal in the company press release.
The Kirkland team was led by corporate partners Douglas Ryder and Christian Nagler; tax partners Sara Zablotney and Benjamin Schreiner; debt finance partner Ashley Gregory; and corporate associates Ryan Brissette, Jennifer Baumgarten, Jack Kider, Jonathan Khoury and Scott Kilian-Clark.